Lam Research reviews

I used to think the prevalence of long-tenured employees was inspiring. After a few years I came to see how it sabotages the culture. Senior leaders fall into one of two categories: 20+ year veterans that have spent the vast majority of their career at Lam, and transplants from elsewhere with <5 years at the company. The former are entitled autocrats while the latter are helpless sycophants. That combination stifles progress on the things that matter to employees and their workplace experience. The only decisions made with any haste are budgetary, and designed primarily with shareholders in mind. Austerity has been the rule for 2+ years while the stock price has doubled. So postponed promotions and delayed salary increases disproportionately impact the bottom 90% of employees, while executives continue to bank huge equity compensation from restock performance.

My time at this company was an absolute nightmare. The management was utterly incompetent, creating a toxic work environment. They consistently undervalued and overworked employees, with no regard for work-life balance. The lack of communication and appreciation made it a demoralizing place. Avoid at all costs – it's a sinking ship of misery. Forecast for the company business in next few years is in downtrend with layoffs in between. Overall company outlook is bleak so join at your own risk.